Dollar General (DG)

Re: Dollar General (DG)

Postby winston » Thu Jun 23, 2016 8:10 pm

Discount store Dollar General soars 35% from its mid-January low.
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Re: Dollar General (DG)

Postby winston » Fri Sep 09, 2016 7:13 am

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Two directors ponied up a combined $1.363 million to own shares in the $75 to $76 price range, down from what was an overpriced annual peak of $96.88. The stock got even cheaper over the next few days, closing on Sept. 2 at $73.32.

Media outlets were falling all over themselves trying to explain why the shares were down while ignoring the spectacular results since DG came public again on Nov. 13, 2009.

FY 2016 and 2017 estimates were trimmed to $4.51 and $4.94. Both would still represent all-time bests for this well-managed company.

As of last Friday, the shares fetched a slightly lower than average multiple on this year’s already reduced projection. Its P/E on expected FY 2017 EPS is under 14.9x.

Perhaps those DG directors are on to something. A simple regression to a more typical valuation supports a Dec. 31, 2017 target price of at least $83 to $84. The 25-cent quarterly dividend provides a better-than-bank-account 1.36% current yield while you wait for a rebound.

The recent pullback should not have surprised anyone. DG typically topped out (red-starred periods above) whenever its P/E approached or exceeded 20x current profits.

Every sell-off since 2009 (green-starred) has proven to be a great entry point for those with reasonable time horizons.

http://www.thetradingreport.com/2016/09 ... the-money/
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Re: Dollar General (DG)

Postby winston » Thu Dec 01, 2016 9:22 pm

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Dollar General posts surprise drop in comparable sales

Discount retailer Dollar General Corp (DG.N) reported a surprise drop in third-quarter comparable sales, largely due to lower grocery prices and reduced food stamp coverage in several U.S. states.

The company's shares were down 5 percent at $73.50 in premarket trading on Thursday.

By the end of 2016, as many as 22 states would have changed the criteria for the Supplemental Nutrition Assistance Program (SNAP), formerly called the food stamp program - a move that is likely to result in about 1 million Americans losing benefits.

States implementing SNAP changes this year include Florida, Georgia, Alabama and Tennessee, which have some of the highest concentration of Dollar General stores.

Sales at Dollar General stores open at least 13 months fell 0.1 percent in the quarter ended Oct. 28, compared with the 0.8 percent growth expected by analysts polled by research firm Consensus Metrix.

Dollar General has been cutting prices to fight aggressive competition from Wal-Mart Stores Inc (WMT.N) and others amid falling grocery prices.

This reduced Dollar General's net income in the third quarter to $235.3 million, or 84 cents per share, from $253.3 million, or 86 cents per share, a year earlier.

Profit in the latest quarter included a charge of about 5 cents per share for store relocation costs and disaster-related expenses.

Analysts on average were expecting a profit of 93 cents per share, according to Thomson Reuters I/B/E/S.

Net sales rose 5 percent to $5.32 billion, beating the average analyst estimate of $5.37 billion.

Source: Reuters
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Re: Dollar General (DG)

Postby winston » Sat Mar 04, 2017 6:34 pm

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Dollar General Corp. (DG) Stock Is the Ripest of the Bargain Bunch

This discount retailer's best days are well ahead of it

By Richard Band

DG is still growing its outlets; it’s planning on building another 1,000 in 2017 as well as refurbishing and relocating 900 older stores to its grand total up to around 14,000 stores in 43 states.

This kind of growth has kept it chugging along at about 15% a year for the past five years.


Source: Profitable Investing

http://investorplace.com/2017/03/dg-sto ... LqXlPl96M8
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Re: Dollar General (DG)

Postby winston » Fri Oct 13, 2017 2:02 pm

Stocks to Buy for the Next Decade: Dollar General (DG)

by Mike Mozart

Buying any retailer with plans to own it for a decade or longer seems somewhat foolish in this environment. Even retail sectors supposedly immune to the e-commerce threat, like auto parts, have seen pressures increase.

But Dollar General Corp. (NYSE:DG) might be the exception to the rule. The dollar store space, including DG rival Dollar Tree, Inc. (NASDAQ:DLTR), has seen growth slow somewhat of late.

Notably, the channel’s gains against retail giant Wal-Mart Stores Inc (NYSE:WMT) appear to have reversed, as WMT has improved its operations over the past few quarters.

But dollar stores still offer value to consumers, while low price points offset potential e-commerce pressure. (It’s still impossible for anyone to make money shipping a $3 or $5 item.)

Dollar General earnings still are growing, yet the stock looks cheap, trading at under 16x next year’s estimated EPS. Brick-and-mortar retail may be pressured, but it’s not going to wither away for good.

DG seems likely to be one of the survivors, yet it isn’t quite priced as such.

Source: Investor Place
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Re: Dollar General (DG)

Postby winston » Wed Sep 12, 2018 8:46 am

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THIS DISCOUNT RETAILER JUST HIT A NEW ALL-TIME HIGH

Today, we're looking at a company surviving the "death of retail"...

Many traditional retailers struggled to keep up with the likes of e-commerce giant Amazon (AMZN)... at first. But now, more companies are bucking the trend. Today's company has escaped the retail "death spiral" so far...

Dollar General (DG) owns and operates a chain of discount retail stores. The company runs more than 15,000 stores in the United States... And it's still expanding, even in the face of tough competition online.

Late last year, Dollar General announced it was building a new, state-of-the-art distribution center in Texas. The new center will serve 1,000 of its stores in Texas and the southeast. The company's sales are growing, too...

Recently, Dollar General reported second-quarter sales of $6.4 billion, an 11% increase from the same period last year.

As you can see in the chart below, shares of Dollar General just hit a new all-time high. The stock is up more than 45% over the past year. This company continues to prove that retail isn't dying – it's changing...

Source: Daily Wealth
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Re: Dollar General (DG)

Postby winston » Thu Jun 06, 2019 7:37 pm

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YOU CAN STILL FIND BIG MONEY IN LOW PRICES

Today's chart challenges the theory of the "retail apocalypse"...

The media likes to say online shopping has killed brick-and-mortar retail for good. But as regular readers know, plenty of retailers have successfully staked out a specialty...

And famously low prices don't hurt. Today's company is winning big by blending convenience and value...

Dollar General (DG) is a $33 billion discount chain. The company sells cheap groceries and household goods, along with clothes, cosmetics, and other products. Its stores average less than a tenth the size of the typical Walmart (WMT)...

But with about 15,600 locations compared with Walmart's 4,700, you're much more likely to live near a Dollar General.

For many small towns, it's the only grocery store. This broad accessibility generated a $385 million profit in the most recent quarter, up 5% year over year.

Over the past year, DG shares have jumped about 40%... And they just hit a new all-time high. Value and convenience can still tempt Americans away from their screens and into a store...

Source: Daily Wealth
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Re: Dollar General (DG)

Postby winston » Thu Aug 29, 2019 2:01 pm

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Dollar General Corp (DG)

With trade war tensions rising, Goldman Sachs is also recommending clients focus on stocks with mainly domestic (i.e. US) sales.

“What we are focusing on with our clients now... are companies that are more domestically facing in terms of the source of their revenue,” the firm’s David Kostin recently revealed on CNBC.

To this end, the firm put together a domestic sales basket of 50 S&P 500 stocks with the highest domestic revenue exposure. That includes US variety stores chain, Dollar General.

Like a number of US-based retail stores, Dollar General boasts 100% domestic sales. It also shows a ‘Strong Buy’ Street consensus. Out of 14 analysts covering the stock, 13 rate DG a ‘buy’ right now. That’s with an average price target of $146.

A resounding vote of confidence comes from top KeyBanc analyst Bradley Thomas. “Dollar and discount stores remain investments where we believe investors can find growth and defensiveness” he tells investors. “DG and DLTR remain two of our favorite large-cap ideas” the analyst adds.

Source: Tip Ranks
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Re: Dollar General (DG)

Postby winston » Wed Oct 23, 2019 10:57 am

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LOW PRICES ARE STILL AN EDGE FOR THIS RETAILER

Today, we're looking at a company surviving the "retail apocalypse"...

While online shopping has hurt many traditional retailers, some have survived the carnage. In fact, many companies that have carved out specialties are thriving. Today, we're looking at a business providing everyday necessities at low prices...

We're talking about Dollar General (DG). The $42 billion discount retailer specializes in cheap groceries and other household goods. It boasts roughly 16,000 stores in 44 states, with many of those in small towns where other chains don't reach. And it plans to expand to 46 states by next year.

Thanks to the winning combination of convenience and low prices, it can successfully compete with online options... In the most recent quarter, Dollar General reported sales of $7 billion, up 8.4% from the same quarter last year.

As you can see in today's chart, DG shares are in a steady uptrend. The stock is up more than 50% so far in 2019, and it recently hit a fresh all-time high. As long as people need everyday goods at big discounts, DG should continue higher...

Source: Daily Wealth
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Re: Dollar General (DG)

Postby winston » Tue Dec 31, 2019 10:42 pm

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Stock Trade of the Week: Dollar General (DG)

by Rick Pendergraft

The company operates over 16,000 stores primarily in the eastern half of the United States.

The company has seen earnings grow at a rate of 17% per year over the last three years while sales have increased at a rate of 8%.

In the most recent quarter earnings increased by 8% and sales were up by 9%.

Analysts expect earnings to grow by 10% for fiscal 2020 while sales are expected to increase by 8.3%.

Dollar General’s management efficiency measurements are solid with a return on equity of 25.7% and a profit margin of 8.0%.

Suggested strategy: Buy DG with a maximum entry price of $159.00. I would set a target of at least $205.00 over the next 9 to 12 months. I would suggest a stop loss at the $142.00 level.


Source: Daily Trade Alert

https://dailytradealert.com/2019/12/31/ ... eneral-dg/
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